SINGAPORE, June 17, 2026 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd. (Nasdaq: TDTH) (“Trident” or the “Company”), a Singapore-headquartered digital infrastructure holding company focused on sovereign-scale technology ecosystems across emerging markets, today provided additional details regarding its planned transition from an American Depositary Share (“ADS”) structure to the direct Nasdaq trading of its Class B ordinary shares. As part of the transition, the Company intends to implement a corresponding 240-for-1 consolidation of its Cayman Islands ordinary shares following the mandatory exchange of ADSs for the underlying Class B ordinary shares. The restructuring is designed to align the Company’s capital structure, simplify ownership and prevent the ADS conversion process from creating an artificial expansion of the Nasdaq trading share count that could otherwise be perceived as shareholder dilution. The Company views these actions as a strategic capital structure realignment rather than a traditional dilution event. By aligning its ordinary share structure with the direct Nasdaq listing of its Class B ordinary shares, Trident expects to create a cleaner and more transparent public company framework while positioning itself for the next phase of growth across artificial intelligence, sovereign digital identity infrastructure, cybersecurity, digital commerce ecosystems and strategic acquisitions. The Company is not issuing approximately 1.1 billion additional Nasdaq-traded shares as part of this process. Rather, the mandatory ADS exchange and corresponding 240-for-1 share consolidation are specifically designed to align the Company’s ordinary share structure following the ADS termination, preserve shareholder economic ownership and prevent the creation of an artificial increase in the Nasdaq trading share count that could otherwise be misconstrued as dilution. The Company believes this transition represents an important milestone in Trident’s evolution as it continues building a diversified digital infrastructure platform spanning artificial intelligence, sovereign digital identity ecosystems, government technology, cybersecurity, digital commerce and transaction-driven technology services across Africa and Asia-Pacific markets. Historically, one ADS represented two hundred and forty (240) underlying Class B ordinary shares. Following termination of the Deposit Agreement, ADS holders will automatically receive the underlying Class B ordinary shares represented by their ADS holdings. To maintain consistency between the Company’s Nasdaq trading structure and its underlying share capital, Trident intends to implement a 240-for-1 share consolidation immediately following completion of the mandatory ADS exchange process. Management believes this approach creates a cleaner and more transparent capital structure while preventing an artificial expansion of the Nasdaq trading float that could otherwise occur solely as a result of eliminating the ADS framework. “This is a strategic alignment of our capital structure with the direction in which our business is heading,” said Soon Huat Lim, Founder, Chairman and Chief Executive Officer of Trident Digital Tech Holdings Ltd. “As Trident continues expanding across artificial intelligence, digital identity infrastructure, government technology and cybersecurity, we believe it is important that our public market structure evolves alongside our operational growth. This transition simplifies ownership, strengthens flexibility and creates a more efficient foundation from which to pursue strategic opportunities and long-term shareholder value creation.” Mr. Lim continued: “We are entering a significant period for the Company. Alongside this capital structure alignment, we are advancing multiple high-impact initiatives across Africa and Asia-Pacific markets. We believe the actions we are taking today position Trident to pursue growth opportunities that can meaningfully expand our platform and strengthen our long-term value proposition.” POSITIONING FOR THE NEXT STAGE OF GROWTH The Company is currently in the final stages of advancing its previously announced strategic relationship with Digital Innovations Group (“DIG”), which is expected to support deployment of the IRMA artificial intelligence platform across Asia-Pacific markets. The planned collaboration is intended to expand Trident’s capabilities in artificial intelligence, automation, intelligent digital services and enterprise-scale technology deployment while creating additional opportunities for strategic partnerships, acquisitions and platform growth initiatives throughout the region. Management expects to provide further updates regarding the Digital Innovations Group initiative as remaining milestones are completed. In Africa, Trident continues advancing one of its most significant sovereign-scale digital infrastructure opportunities through RDC-PASS, the national digital identity ecosystem being deploye